What is NITI Aayog?
NITI Aayog:
- NITI Aayog' is stands for the National Institution for Transforming India.
- It is a Government of India policy think-tank established by the BJP government to replace the Planning Commission which followed the top-down model.
- The main aim is to create to foster involvement and participation in the economic policy-making process by the State Governments of India.
- The emphasis is on bottom-up approach and make the country to move towards cooperative federalism .
- The Union Government of India announced the formation of NITI Aayog on 1 January 2015, and the first meeting was held on 8 February 2015.
- The Prime Minister serves as the Ex-officio chairman.
- The governing council consists of all state Chief Ministers, chief ministers of Delhi and Puducherry, Lieutenant Governor of Andaman and Nicobar, and vice chairman nominated by the Prime Minister.
- In addition to full members, there are two part-time members and four ex-officio members and a chief executive officer.
- The temporary members are selected from the leading universities and research institutions.
- Its headquarters is located at New Delhi.
- Narendra Modi, Chairman
- Arvind Panagariya, Vice Chairman
- Bibek Debroy, Member
- V. K. Saraswat, Member
- Ramesh Chand, Member
- Amitabh Kant, CEO
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